# OCP targets 4.5 million metric tons of new phosphate capacity by end of 2026 under SP2M plan

> Morocco's OCP Group is on track to add about 4.5 million metric tons per year of phosphate fertilizer capacity by end-2026 under its SP2M plan. The plan targets 9 million metric tons of new capacity by 2028, and OCP is investing $5.25 billion in 2026 alone.

- Date: 2026-08-29 · published 2026-08-29T12:00:00.000Z
- Category: trade · region Morocco · magnitude medium
- Page: https://feedsoft.ai/events/18223-ocp-targets-4-5-million-metric-tons-of-new-phosphate-capacity-by-end-of-2026
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Large new Moroccan supply, combined with China's export restrictions, is reshaping phosphate trade flows toward Moroccan product. Rising supply is bearish for DAP and TSP prices over the coming years.

## Read by commodity

- DAP: bearish ▼
- TSP: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2022-04-03 | [Tunisia doubles phosphate output in first quarter, targets 5.5 million tonnes in 2022](https://feedsoft.ai/events/5510-tunisia-doubles-phosphate-output-in-first-quarter-targets-5-5-million-tonnes-in.md) | -5.5% | -12.9% |
| DAP | 2026-08-01 | [OCP Group Ships Moroccan Phosphate to US Following Duty Suspension](https://feedsoft.ai/events/18678-ocp-group-ships-moroccan-phosphate-to-us-following-duty-suspension.md) | -0.6% | -0.4% |
| DAP | 2026-02-19 | [Tunisian phosphate exports show signs of recovery - African Manager](https://feedsoft.ai/events/20905-tunisian-phosphate-exports-show-signs-of-recovery-african-manager.md) | 0.0% | +3.1% |
| DAP | 2025-09-05 | [Indian DAP stocks exceed 2 million t by start of September \| World Fertilizer](https://feedsoft.ai/events/23205-indian-dap-stocks-exceed-2-million-t-by-start-of-september-world-fertilizer.md) | 0.0% | -3.2% |
| DAP | 2026-07-18 | [Morocco’s OCP Phosphate Ships Could Head to US ‘Within Days,’ USDA Confirms](https://feedsoft.ai/events/18682-morocco-s-ocp-phosphate-ships-could-head-to-us-within-days-usda-confirms.md) | +0.6% | +2.2% |

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20260829-ocp-sp2m-phosphate-expansion-4-5-million-tonnes-2026/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.